ThirdFi Secures $2M in Token Funding to Expand Web3 Infrastructure

Summary:
ThirdFi, a Singapore-based web3 infrastructure startup focused on decentralized finance (DeFi) accessibility through APIs, has raised $2 million in THI token funding. The funding round was supported by notable investors including Chainlink, Techstars, Outlier Ventures, and Alphabit Capital. With this capital boost, ThirdFi’s fully diluted value has reached $20 million. Founded in 2022, the startup has a user base of over 170,000 and has facilitated more than $46 million in transactions across mainnet and layer-2 solutions. ThirdFi’s API products are available on multiple blockchain networks like Ethereum, Polygon, and BNB Chain, with plans to expand to Solana, zkSync, and Base. The token launch is anticipated for Q3, pending audits. Chainlink’s investment follows ThirdFi’s participation in the Chainlink BUILD program, aimed at enhancing the Chainlink network.